Life insurance has been around a long time, and just about everyone knows what it is and what it does. Yet, there are still a lot of widely-held misconceptions about life insurance. For example, many people don't buy a life insurance policy because they grossly overestimate how much it's going to cost. Once they get the facts, people are surprised to learn life insurance is very affordable for most Americans.

While longevity rates have improved drastically in the last century, there's no doubt that living in the world today is still fraught with peril. In just the last year, over 32,000 people lost their lives on America's roadways according to the latest crash reports from the National Highway Traffic Safety Administration. Yet, this number accounts only for traffic deaths. People lose their lives in work-related accidents and other tragedies daily making accidents one of the leading causes of death in the US. This fact alone is a powerful reason to consider adding an Accidental Death Benefit rider to your life insurance policy.

The thought of having to undergo a medical exam can make many people avoid plans that require the exam, or in some cases turn them off buying life insurancecompletely. In truth, the medical exam is a relatively simple process that’s nothing to worry about.